News Release: MedCraft Investment Partners acquires off-market medical office buildings in Connecticut

Minneapolis, Minn. – March 22, 2021 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, MedCraft Investment Partners has acquired off-market medical office buildings in Connecticut.

The buildings span 80,000 square feet and are located on 9.5 acres in a growing community.   They are fully leased and anchored by a large regional hospital system.  Established physician groups make up the balance of the space.  This purchase adds to our growing portfolio of assets with a core focus on specialists and not-for-profit providers.  Our platform partners with physicians and hospital systems to ensure the buildings they occupy provide the best setting for delivering care and serving their patients.

The transaction closed on February 25, 2022 for $27 million.

Michael Moreno and Rahul Chhajed from Matthews Real Estate assisted in the purchase.

About MedCraft Investment Partners, LLC

MedCraft Investment Partners (MIP) is a unique investment platform built on integrity and decades of proven healthcare real estate expertise with customized client-driven solutions in developing, acquiring, and managing health care facilities. We help identify, plan, and structure partnerships that result in greater economic value – while guiding against missteps that are commonly encountered along the way. For more information, please visit www.MedCraftIP.com.

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Media contact:
Jolene Ludvigsen
jludvigsen@medcraft.com
952.838.7126

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